Confirm that the Council will follow the
Government guidance in disbursing its £0.57m allocation,
invite applications from eligible businesses from 1 June for a 2
week period and subsequently approve making equal payments to all
businesses that have applied successfully
Decision type: Key
Reason Key: Expenditure >£400,000 & Affects more than 1 ward.;
Decision status: Abandoned
Wards affected: (All Wards);
Notice of proposed decision first published: 22/05/2020
Decision due: 29 Jun 2020 by Executive Member for Transformation & Finance
Lead member: Executive Member for Transformation & Finance
Department: Finance
Contact: Stuart McKellar, Executive Director: Resources Email: stuart.mckellar@bracknell-forest.gov.uk Tel: 01344 352205.
Consultation process
Through discussion with Members whose roles
are related to finance and small businesses (see below) and through
representations from other Mombers
Consultees
Specifically the Executive Members for
Transformation and Finance and Economic Development and
regeneration plus the Small Business Champion, more generally all
members
Making Representations: To the Director: Finance or Executive Member for Transformation and Finance
Financial Impact: There will be no financial impact on the Council if the amounts paid to businesses are within the level of the funding provided by Government (£0.57m). The process has been designed to ensure this is the case.
Document(s) to be considered: Government guidance published on gov.uk